Markets
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Big banks say storm subsiding
Sep 22, 2007 11:00 pm - NEW YORK -- Wall Street brokerages put on a united front last week when it came to the credit crisis: the worst is behind us, and business is going to improve. But outsi...
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Stocks finish higher following strong Oracle earnings
Sep 21, 2007 11:00 pm - NEW YORK -- Stocks rose soundly Friday, capping a strong week for Wall Street, as investors drew confidence from strong results at Oracle Corp. and a continued sense tha...
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Stocks resume week's rally
Sep 20, 2007 11:00 pm - NEW YORK -- Stocks resumed the week's rally today as Wall Street drew confidence from strong earnings from Oracle Corp. The expiration of options and futures contracts m...
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Navistar will post restated financial results Oct. 25Sep 20, 2007 11:00 pm - Navistar International, the Warrenville-based truck maker that hasn't filed financial reports in two years, said it will delay release of its restated results for anothe...
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Euro rises above $1.41 for first time before slipping back
Sep 20, 2007 11:00 pm - FRANKFURT, Germany -- The dollar briefly fell to another low against the euro Friday in European trading before regaining some ground. Breaking above $1.41 for the first...
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August consumer prices post rare decline
Sep 19, 2007 11:00 pm - WASHINGTON -- Consumer prices posted a rare decline in August while the battered housing industry saw construction fall to the slowest pace in 12 years. The new economic...
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Crude futures' run to record levels driven largely by weakening dollar
Sep 19, 2007 11:00 pm - NEW YORK -- Oil prices held near record highs Thursday and other energy futures were mixed as the weak dollar spurred buying of crude futures. The Energy Department's re...
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Morgan Stanley bitten by debt lossesSep 19, 2007 11:00 pm - NEW YORK -- Morgan Stanley said Wednesday third-quarter profit fell, falling short of expectations, as this summer's tumultuous debt and stock markets generated nearly $...
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Stocks soar after interest rate cut
Sep 18, 2007 11:00 pm - NEW YORK -- A jubilant Wall Street barreled higher Tuesday after the Federal Reserve cut its benchmark interest rate by a larger-than-expected half percentage point. The...
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Corporate chiefs welcome Fed rate cutSep 18, 2007 11:00 pm - NEW YORK -- The leaders of U.S. companies welcomed the Federal Reserve's move to slash interest rates Tuesday, but one questioned whether it would be enough to revive a ...